Oil | Egypt Oil & Gas - Part 85

Oil Subsidies Fall to EGP 44.7 Bn in First Half of Fiscal Year

According to a statement by the Ministry of Finance Egypt’s fuel subsidy bill for the first half of the 2014/2015 fiscal year fell to 44.7 billion EGP ($5.85 billion) in comparison to 64.5 bn from the previous year, ...

Big Oil on Shaky Ground Compared to Mining Industry

When the going gets tough, the tough want cash flow. In the resources sector, investors are more likely to find that in mining than in oil and gas.

Hi-tech and Big Data Steps Into the U.S. Oil Industry

With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies ...

Petrobras Post-Scandal Leadership Reshuffle

Economist Guido Mantega resigned on 23 March from the Petrobras’ Board of Directors, leaving his position as chairman

Genel Issuing Bonds to Keep Kurdish Projects Afloat

Genel Energy has priced an issue of $230 million in senior unsecured bonds due 14 May 2019 on the same commercial terms as the existing GENEL01 PRO $500 million bond

Iran: Must Shelter Industry from Post-Sanction Oil Surge

Minister of Economic Affairs and Finance Ali Tayyeb-Nia has emphasized that serious plans have been devised to cushion the economy against what is internationally known as “the Dutch Disease”.

Oil Service Company Schlumberger Fined More Than $200 Million By US

The U.S. Justice Department said on Wednesday that a subsidiary of Schlumberger Oilfield Holdings had pleaded guilty to violating U.S. sanctions related to Iran and Sudan and would pay a $237.2 million fine.

Ukraine Update – Oil Tycoon Kolomoisky Fire From Political Post

Ukraine's president fired powerful tycoon Ihor Kolomoisky as a regional governor on Wednesday in a risky move that could affect the internal balance of power and Kiev's fight against Moscow-backed separatists.

Ukraine Struggles With Gun Control to Protect Oil Industry

Ukraine may cancel gun licenses for some security operators after billionaire Igor Kolomoisky’s private guards took control of the headquarters of the country’s oil pipeline operator last week.

East’s Bid to Control Libya Oil Wealth Is Not Looking Promising

Libya's official government, operating out of hotels in the east after being driven from the capital, is unlikely to succeed in plans announced last week to divert the country's oil export income away from Tripoli.

Page 85 of 101

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